AMAZON ENHANCED HIGH INCOME (AMHE.CA) Stock Technical Analysis
TSX:AMHE - Toronto Stock Exchange - CA41751W1041 - ETF - Currency: CAD
We assign a technical rating of 4 out of 10 to AMHE. AMHE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, AMHE is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: AMHE has an average volume of 13027 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month AMHE has a been trading in the 12.25 - 13.21 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
AMHE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.21
13.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.61 to 12.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.33 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.81 to 13.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.53 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMHE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMHE.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AMHE.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AMHE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMHE.CA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for AMHE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AMHE.CA has a negative trend. |
| Stochastics (14,3) | 59.77 | NEUTRAL | The Stochastics value for AMHE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for AMHE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.53 | NEGATIVE | The low ADX value for AMHE.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:AMHE (6/13/2025, 7:00:00 PM)
12.76
-0.1 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.74%
1 Week-1.62%
2 Weeks2.57%
1 Month-0.16%
3 Month-2.67%
6 Month-18.67%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.65%
ATR Inc-34.27%
Range Today0.2
ADR(20)0.15
ADR(20)%1.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High13.21
10 Day Low12.4
20 Day High13.21
20 Day Low12.25
52 Week HighN/A
52 Week LowN/A
CS1 End12.75
CR1 Start12.81
Volume & EV
DER(3)-3.53%
DER(5)-2.12%
Volume11.49K
Volume Incr-9.85%
Vol(5)6.32K
Vol(50)13.03K